The contrarian in me decided to go shopping for cheap health care/medical equipment funds, just to see what was out there and what I might want to pick up a little later on in the bear market.  Although it isn't exactly a bottom bargain, I had no idea FSMEX was having the year that it is having.  8.44% return YTD, and 14.57% 1 year?  In this market?  I'm officially floored.

M* is confusing me some, though.  Even though they upped the fund to 5 stars, their review is less than glowing.  I see that Yoon is new, although he's being asked to work on several other funds.  Is M* maybe worried that he's just been lucky in his top three holdings this year and can't continue that kind of performance?  (Top three holdings equal 42.76% of the portfolio, and they got an 11.96% average YTD return.)

Is it Yoon or something else that makes M* not rave about the fund?  Or am I misinterpreting M* entirely?  Anyone got a favorite fund in this sector that's out of favor right now?  All comments appreciated.